Cracker Barrel Earnings Reports

Cracker Barrel posted a net loss of $24.6 million for Q1 2026 as revenue fell year-over-year. Both restaurant and retail segments saw sales declines, leading to a sharp drop in adjusted EBITDA.

Cracker Barrel delivered growth in comparable restaurant sales and achieved an 8% increase in adjusted EBITDA, although overall revenue and net income declined due to the lack of a 53rd week this year.

Cracker Barrel posted modest revenue growth and positive net income in Q3 FY25, supported by higher restaurant sales and improved operational performance.

Cracker Barrel reported Q2 2025 revenue of $949.4 million, a 1.5% increase year-over-year. Comparable restaurant sales grew by 4.7%, driven by menu price increases, while retail sales remained flat. Net income declined 16.3% to $22.2 million, while adjusted EBITDA improved 19.6% to $74.6 million. The company raised its fiscal year guidance, expecting adjusted EBITDA between $210 million and $220 million.

Cracker Barrel reported preliminary first quarter fiscal 2025 results, showing comparable store sales and traffic outperforming the Casual Dining industry. The company reaffirmed its fiscal 2025 outlook, expressing confidence in driving growth and delivering value creation for shareholders through its strategic transformation plan.

Cracker Barrel reported a 6.9% increase in total revenue for the fourth quarter of fiscal 2024, reaching $894.4 million. This includes a $62.8 million benefit from the 53rd week. GAAP net income was $18.1 million, or $0.81 per diluted share, while adjusted earnings per diluted share were $0.98.

Cracker Barrel reported a decrease in total revenue by 1.9% compared to the third quarter of fiscal 2023, with a comparable store restaurant sales decrease of 1.5% and retail sales decrease of 3.8%. GAAP net income was ($9.2) million, and adjusted net income was $19.6 million. GAAP earnings per diluted share were ($0.41), and adjusted earnings per diluted share were $0.88.

Cracker Barrel reported a slight increase in total revenue, driven by comparable store restaurant sales growth, while comparable store retail sales declined. Operating income and net income decreased compared to the prior year quarter due to higher labor and operating expenses. The company declared a quarterly dividend of $1.30 per share.

Cracker Barrel's first quarter fiscal 2024 saw a decrease in total revenue by 1.9% to $823.8 million. GAAP net income decreased by 68% to $5.5 million, with earnings per diluted share at $0.25. The company's performance was impacted by higher labor, operating, and administrative expenses, despite some offset from lower cost of goods sold.

Cracker Barrel reported a slight increase in total revenue for Q4 2023, driven by comparable store restaurant sales growth, but comparable store retail sales decreased. The company's GAAP earnings per diluted share increased compared to the prior year. Management is taking actions to improve traffic performance and launching a loyalty program.

Cracker Barrel reported a 5.4% increase in total revenue to $832.7 million. Comparable store restaurant sales increased by 7.4%, while comparable retail sales decreased by 4.6%. GAAP earnings per diluted share were $0.63, and adjusted earnings per diluted share were $1.21.

Cracker Barrel reported an 8.3% increase in total revenue to $933.9 million for the second quarter of fiscal 2023. Comparable store restaurant sales increased by 8.4%, and retail sales increased by 4.1%. GAAP earnings per diluted share were $1.37, while adjusted earnings per diluted share were $1.48.

Cracker Barrel's first quarter fiscal 2023 saw a revenue increase of 7.0% compared to the prior year, with comparable store restaurant sales up 7.1% and retail sales up 4.3%. GAAP operating income was $23.6 million, while GAAP net income was $17.1 million, a decrease of 48.7% compared to the prior year. The Board declared a quarterly dividend of $1.30 per share.

Cracker Barrel reported a 5.9% increase in total revenue to $830.4 million for the fourth quarter of fiscal 2022. However, GAAP net income decreased by 8.2% to $33.4 million, and GAAP earnings per diluted share decreased by 3.9% to $1.47. The company's performance was affected by factors such as lower travel volumes, fewer visits from older guests, and inflationary pressures.

Cracker Barrel's third quarter results were affected by a challenging macro environment with consumer sentiment and high inflationary pressures impacting both top and bottom lines. The company reported a total revenue increase of 10.8% compared to the third quarter of fiscal 2021. Despite these challenges, the company is pursuing strategic initiatives to grow the business.

Cracker Barrel reported a 27.3% increase in total revenue compared to Q2 2021 and a 6.2% increase compared to Q2 2019. GAAP operating income increased by 224% compared to the prior year quarter, and GAAP net income increased by 169%.

Cracker Barrel reported a total revenue increase of 21.4% compared to Q1 2021 and a 7.0% increase compared to Q1 2019. GAAP earnings per diluted share were $1.41, and adjusted earnings per diluted share were $1.52.

Cracker Barrel reported a total revenue of $784.4 million for the fourth quarter of fiscal 2021, representing an increase of 58.4% compared to the fourth quarter of fiscal 2020. GAAP earnings per diluted share were $1.53, and adjusted earnings per diluted share were $2.25.

Cracker Barrel reported a strong third quarter with sales and margin recovery exceeding expectations. The company welcomed guests back into dining rooms and maintained a strong off-premise business. The Board of Directors declared a quarterly dividend of $1.00 per share.

Cracker Barrel reported a decrease in total revenue by 20% to $677.2 million for the second quarter of fiscal 2021. Comparable store restaurant sales decreased by 21.9%, while retail sales decreased by 15.3%. The resurgence of COVID-19 impacted sales and margins due to dining room closures, capacity restrictions, and a shift to off-premise business.

Cracker Barrel reported a total revenue of $646.5 million for the first quarter of fiscal 2021, a decrease of 13.7% compared to the prior year. The company's sales recovery continued, with both restaurant and retail sales showing strong improvements compared to the fourth quarter of fiscal 2020. GAAP earnings per diluted share were $7.18, while adjusted earnings per diluted share were $0.69.

Cracker Barrel's Q4 2020 results were significantly impacted by the COVID-19 pandemic, with a 37.1% decrease in total revenue compared to the prior year. Comparable store restaurant sales decreased by 39.2%, while comparable store retail sales decreased by 32.3%. The company reported GAAP earnings per diluted share of $1.05, down from $2.70 in the prior year, and an adjusted loss per diluted share of $0.85.

Cracker Barrel reported a 41.5% decrease in total revenue to $432.5 million for the third quarter of fiscal 2020, with comparable restaurant sales down 41.7% and retail sales down 45.5%. The company experienced an operating loss of $79.0 million and a net loss of $161.9 million, or $6.81 per diluted share, due to the impact of COVID-19 and related expenses and impairment charges.

Cracker Barrel reported a 4.2% increase in total revenue, driven by comparable store restaurant sales growth of 3.8% and retail sales growth of 1.3%. Operating income increased by 3.2% to $79.1 million, and GAAP earnings per diluted share were $2.55.